How do businesses profit from debit cards?

Answer Among the various forms of payments available to consumers, debit cards are considered most convenient. According to, the U.S. government's official business link, card payments are al... Read More »

Top Q&A For: How do businesses profit from debit cards

How Do Debit Cards Make a Profit?

A debit card is a form of "credit card" that uses a pin number for security identification instead of a signature and directly accesses a user's bank account instead of a line of credit, as a tradi... Read More »

Is there a new compliance rule for small businesses accepting debit cards?

According to the Pillsbury Law Website, the Federal Trade Commission (FTC) implemented a new law on identity theft "red flags," being enforced on June 1, 2010. The Red Flag Rule could harm many sma... Read More »

How to Switch From Checks to Debit Cards?

Banking customers have come to expect speed and convenience. Many are giving up paper checks in favor of debit cards and online banking to expedite their transactions. Debit card use provides addit... Read More »

Are Debit Cards Safe From Fraud?

Debit cards are electronic instruments that work much the way credit cards do -- only instead funds come from a person's bank account instead of from a financial institution fronting the money. Bot... Read More »